Vice President, Finance & Banking

Location: New York

Our Company Oaktree is a leader among global investment managers specializing in alternative investments, with more than $220 billion in assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,500 employees and offices in more than 25 cities worldwide.

We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.

For additional information, please visit Oaktree’s website at  Oaktree ABF strategy:

Oaktree Asset Backed Finance (“ABF”) is a step-out strategy which invests in pools of contractual assets, such as loans, leases, receivables, mortgages and licensing agreements, which may or may not reference property or other hard assets. Asset categories include corporate, consumer, real estate, transportation, equipment, infrastructure, energy, intellectual property and other esoteric types. On behalf of ABF funds and clients, Oaktree Purchases, or commits to purchase, assets, with or without leverage

Lends, or commits to lend, secured by assets, in a senior or mezzanine position

Insures, or provides capital relief against, assets

Provides essential capital to a business primarily engaged in the origination and servicing of assets

While Oaktree has significant experience successfully investing client capital in ABF opportunities as a sub-allocation to existing funds, Oaktree ABF represents Oaktree’s first client offering dedicated to ABF. Based on the expanding ABF opportunity set and client demand both in unrated ABF and formally rated investment grade ABF (IG ABF), Oaktree ABF is expected to grow significantly. Oaktree judges the ABF Strategy’s success and value by outcomes delivered to clients, consistent with or exceeding expectations, over the medium and long term.

Overview of Role &

Qualifications:

The Vice President will be our team’s first IG focused ABF hire and will be primarily responsible for structuring IG ABF investments and working with other members of the ABF group, contributing to all phases of the investment process, from sourcing, through decision points, to investment realization.

Primary responsibilities:

Multi-party coordination:

Identify business objectives, constraints and preferences of various stakeholders, including originators, insurance clients, rating agencies and non-insurance capital providers.

Design financing arrangements which are both capital efficient for insurers and acceptable to all stakeholders.

Credibly manage stakeholder buy-in, structuring and modeling, rating outcome and transaction execution.

Recognizing that Oaktree sources opportunities and leads through a variety of internal and external channels, the ABF Vice President will follow up on introductions and inquiries of potential relevance to the ABF strategy, identify the situations where an investment can be rated and work with the investment teams to negotiate appropriate terms.

Work with rating agencies and financing counter parties on rated asset-backed lending facilities, including warehouse facilities and term-out structures for existing or ramping pools of contractual cash-flowing assets.

Help guide IG ABF product development and develop creative, capital-efficient solutions for insurance-company balance sheets, considering the constraints of insurance capital, including, but not limited to, NAIC rating requirements or equivalent non-US and EU frameworks.

For those opportunities determined to be potentially attractive for Oaktree funds and suitable for rating and clients, lead or participate in diligence, negotiation of terms and documentation, building models and preparing investment memoranda for consideration by the ABF investment committee.

Train and supervise associates and analysts on the ABF team. Train and educate the ABF investment team on rating and structuring techniques.

Gain familiarity with Oaktree’s various pools of capital available for…